Replies to post #11113 on Blue Sphere Corp. (BLSP)

[777]

Wow, that's actually the smartest speculation I have heard. Now that you said it, it seems like the most probable explanation.

[work-n-hard]

That makes so much sense, that it's kinda scary here in Pinky world. lol
I'm almost scared to believe it.
Mark for you and a sticky until something better comes along...like a PR confirming that's what it is. lol

[Howyadoing]

You need to know that the OTC numbers that you look up on their site are first based on the company's last update and second is that the calculation for market cap is always based on the closing price from the day before.
Proof: based on your theory , the market cap showed $505,384 ÷ .0005
(Today's close) = O/S of 1,010,768,000
But that's not the correct O/S based on the Dec 31 update of
721,977,169

Yesterdays close was .0007 so---
$505,384 ÷ .0007 = 721,977,169

Tomorrow when you check the OTC site it will say---
O/S of 721,977,169 × 0.0005 (today's close) = 360,988.(market cap)

[777]

Zeta said this a long time ago. This what we’re all thinking.